Megaron (WAR:MEG) Interest Coverage

: 0 (At Loss) (As of Dec. 2022)

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Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Megaron's Operating Income for the three months ended in Dec. 2022 was zł-0.54 Mil. Megaron's Interest Expense for the three months ended in Dec. 2022 was zł-0.21 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Megaron's Interest Coverage or its related term are showing as below:

WAR:MEG's Interest Coverage is not ranked ^*
in the Building Materials industry.
Industry Median: 8.32
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Megaron Interest Coverage Historical Data

The historical data trend for Megaron's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Megaron Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Coverage

28.82

26.20

18.35

15.30

0.71

Megaron Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22
Interest Coverage																29.15	-	N/A	1.00	-

Competitive Comparison

For the Building Materials subindustry, Megaron's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Annual Data Quarterly Data

Megaron Interest Coverage Distribution

For the Building Materials industry and Basic Materials sector, Megaron's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Megaron's Interest Coverage falls in comparison to its industry or sector. The grey bar indicates the Interest Coverage's extreme value range as defined by GuruFocus.

Megaron Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Megaron's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Megaron's Interest Expense was zł-0.72 Mil. Its Operating Income was zł0.51 Mil. And its Long-Term Debt & Capital Lease Obligation was zł3.85 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2022 )	/	Interest Expense (A: Dec. 2022 )
	=	-1	*	0.506	/	-0.716
	=	0.71

Megaron's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Here, for the three months ended in Dec. 2022, Megaron's Interest Expense was zł-0.21 Mil. Its Operating Income was zł-0.54 Mil. And its Long-Term Debt & Capital Lease Obligation was zł3.85 Mil.

Megaron did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Megaron (WAR:MEG) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Megaron Interest Coverage Related Terms

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Megaron (WAR:MEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Megaron SA (WAR:MEG) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ul Pyrzycka 3 e f, Szczecin, POL, 70-892

Website

http://www.megaron.com.pl

Megaron SA is a Poland based company engaged in the production and distribution of building materials. It offers plaster coats, gypsum putty, and assembly adhesives. The company sells its products through distributors and sales representatives.